Examples of NTP Request in a sentence
Upon full satisfaction of the conditions set forth below (“Seller’s Conditions”), Seller shall submit a NTP Request to TVA that incorporates all necessary documentation and materials that demonstrate compliance with each of Seller’s Conditions.
Upon receipt of the NTP Request, TVA shall review the materials for adequacy, and, if TVA deems the NTP Request to be satisfactory, shall issue to Seller a Notice to Proceed.
If TVA does not find the NTP Request to be satisfactory, TVA has the right, in its sole discretion, to terminate this Agreement and, upon termination, neither Party shall have any further obligation or financial liability to the other Party as a result of such termination, except for any amounts accrued and owed by Seller to TVA upon the date of termination.
If a NTP Request is not delivered to TVA within twelve (12) Months after the Effective Date of this Agreement, then TVA has the right, in its sole discretion, to terminate this Agreement, in which event neither Party shall have any further obligation or financial liability to the other Party as a result of such termination, except for any amounts accrued and owed by Seller to TVA upon the date of termination.
If a NTP Request is not delivered to TVA within twelve (12) Months after the Effective Date of this Agreement (“NTP Deadline”), then TVA has the right, in its sole discretion, to terminate this Agreement, in which event neither Party shall have any further obligation or financial liability to the other Party as a result of such termination, except for any amounts accrued and owed by Seller to TVA upon the date of termination.
The NTP Request shall include an illustration of the area of the Property requested by Licensee to accommodate parking and construction.
If TVA does not find the NTP Request to be satisfactory, TVA has the right, in its reasonable discretion, to terminate this Agreement; provided that TVA has provided Seller with written notice of its finding and Seller has failed to submit a satisfactory NTP request by the later of (i) sixty (60) days after receipt of written notice from TVA and (ii) the NTP Deadline.
If LUB in its reasonable judgment does not find the NTP Request satisfactory, LUB has the right, in its sole discretion to exercise its remedies under Section 3.3 and terminate this Agreement without any further recourse against LUB.
Irrespective of the mean, individual values of the laying thickness shall not undershoot the laying thickness specified in the construction contract by more than 3.5 cm.
Upon receipt of the NTP Request, LUB shall review Seller’s submissions for adequacy.